REBusinessOnline

Terreno Realty Sells Industrial Property in Metro Miami for $22.2M

MIAMI LAKES, FLA. — Terreno Realty Corp. has sold a 192,000-square-foot industrial building in Miami Lakes for $22.2 million. The asset was fully leased to Miami International Freight Services at the time of sale. Terreno Realty acquired the property in December 2010 for $7.8 million. The buyer was not disclosed. Situated on 13.2 acres, the building is located at 14100 NW 60th Ave., 10 miles north of Miami International Airport and 16 miles northwest of the Port of Miami.

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